Newsletter – June 6, 2019
AIR FREIGHT UPDATES
Air cargo remains optimistic
Cargo carriers are pragmatic about the current market situation despite headlines of doom and gloom on the back of volume declines. Read more here.
New e-commerce service from Lufthansa Cargo for e-commerce clients
LUFTHANSA Cargo has set up a new wholly owned subsidiary, heyworld, which offers a range of configurable transport solutions aimed at online retailers, digital marketplaces and forwarders service to its e-commerce clients. Read more here.
OCEAN FREIGHT UPDATES
Port Report: Long Beach terminals seek solutions to truck fluidity
The Port of Long Beach can be a challenge for truckers, even during the slow season. But the port and its tenant marine terminals are looking to software to ease the fraught process of returning and picking containers. Read more here.
American Bureau of Shipping comes out in favour of speed reductions to limit ship emissions
Shipping must pay the price today for tomorrow’s sustainability as a push to cleaner supply chains is seeing shippers reconsider their best routes to market. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
Canada’s Trade Gap at Six Month Low as Exporters Rebound
Canada’s trade deficit narrowed in April to the lowest in six months, as exports continue to rebound from a recent slump.
The nation’s trade gap narrowed to C$966 million ($721 million), from a downwardly revised C$2.3 billion deficit in March, Statistics Canada said Thursday in Ottawa. Read more here.
INTERNATIONAL BUSINESS GOVERNMENT UPDATES
Europe takes cover from US-China tariffs
The escalating US-China tariff trade war will have a range of negative impacts on business, economic growth and logistics demand across Europe, but also opens up new opportunities, according to a range of new reports and fresh analysis. Read more here.